Star Financial Corp. Increases Stake in ZenaTech, Inc. to 9.49% via Debt Conversion

Star Financial Corp. filed a Schedule 13D/A on May 27, 2026, reporting an increase in its holdings of ZenaTech, Inc. (ZENA). The reporting person acquired 2,000,000 common shares on February 12, 2026, through the partial conversion of a convertible line of credit established in October 2024. The conversion was executed at a price of $2.2160 per share, totaling approximately $4.43 million in debt conversion. Following this transaction, Star Financial Corp. holds an aggregate of 5,161,383 common shares. While the cover page metadata indicates a 100% ownership figure, the detailed narrative in Item 5 clarify that the reporting person beneficially owns approximately 9.49% of the Issuer's outstanding common shares. The shares were acquired for investment purposes, and Fay Passley, President of Star Financial Corp., signed the filing. The reporting person maintains sole voting and dispositive power over the disclosed shares. ZenaTech, Inc. is a British Columbia-based corporation with principal offices in Vancouver.